About This Home

This 8-bedroom, 4-bathroom residential multi family at 53 Fairmount Avenue in Providence, RI is listed for $649,900 ($278 per sqft). Built in 1920, the home offers 2,340 sqft of living space on a 0.07 acres lot.

Key Features

  • Built in 1920
  • 0.07 acre lot
  • 3 stories
  • 8 parking spaces

Property Details

3 stories
4 full
8 spaces
1920
Listing Description

This well-maintained 4-unit multifamily offers a fantastic mix of layouts, featuring two 1-bedroom apartments and two 3-bedroom apartments. Each unit is generously sized, providing comfortable living space for tenants. The property is set on a good-sized lot with plenty of off-street parking to accommodate residents and guests with ease. Ideal for both investors seeking strong rental income and owner-occupants looking to offset living costs, this property blends funcitonality, convenience, and long-term value.

Monthly Cost Estimate

$3,476/mo

20% down · 6.5% · 30 years

Principal$470
Interest$2,816
Insurance$190

Estimates only. Actual payments may vary.

Location

53 Fairmount Avenue

Providence, RI 02908

Pleasant

Features & Amenities

Interior Features

Wall (Plaster)Plumbing (Mixed)Insulation (Cap)

Property Details

Flooring

LaminateTile - CeramicVinyl

Construction

Plaster Aluminum Siding Vinyl Siding

Parking

None

Heating

CentralNatural Gas

Appliances

OvenRangeRefrigeratorGas Water Heater

Questions & Answers

This 8-bedroom, 4-bathroom residential multi family at 53 Fairmount Avenue is listed at $649,900 ($278/sqft). The estimated monthly payment is $3,476 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.07 acre lot, 3 stories, 8 parking spaces. Interior Features: Wall (Plaster), Plumbing (Mixed), Insulation (Cap).

This property is listed by Kerri Gemma.

KG

Kerri Gemma

Agent at RE/MAX PROPERTIES

Listed by RE/MAX PROPERTIES · Broker phone: (401) 232-3900 · View on Broker Site · Broker website

MLS# 1417240· Source: State Wide MLS of Rhode Island, Inc.· 116 days on PropertySimple

Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

53 Fairmount Avenue, Providence, RI 02908

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